DNB

Bank DNB is the largest financial institution in Norway.

In October 2012, Bank DNB established a new service centre at DNB in Latvia, with the aim of providing a high level of service to the bank’s clients in Norway.

The establishment of the centre is the result of a project launched by the parent bank at the beginning of this year. In evaluating of location for the project, Bank DNB looked at various factors such as practical banking operations, the relevant country’s macroeconomic situation, political stability, language skills, security aspects and accessibility. Following the review, Latvia was selected as the location for the new service centre. The Latvian Investment and Development Agency (LIAA) was involved and provided its full support.

Ellen Annette Nordli, head of the new Service Centre, explains: “I have been working for the project from the beginning, and I am pleased that the Latvian bank was judged to be the best alternative. The establishment of an operations unit in Latvia which will provide services to clients in Norway will strengthen our image as a powerful Norwegian company, and it will also represent an investment in Latvia’s economy. The Service Centre will create new jobs, attract new investments and 52 employees will be needed for the new operations unit” she says.